Por: Orlando Sentinel Business January 11, 2023
TALLAHASSEE — Government pension plans in Florida and other states took a hit in 2022, as a downturn in financial markets caused investment losses, new reports show. The reports, released by the Florida Department of Management Services and the non-profit Equable Institute, show that the Florida pension system had investment losses of nearly 6.3% during the fiscal year that ended June 30, a decline similar to losses across the country. New... + full article
Los Angeles Times USA Nation May 11, 2023
California created a unique plan to help struggling boxers in their retirement. But for decades the state has stumbled in getting the word out, resulting in few claiming their benefits. Roughly 200 boxers could have claimed a California Professional Boxers’ Pension Fund... + más
California created the nation's only pension for aging boxers. But it's failing to deliver | Los Angeles Times
He helped other boxers apply for their pensions. His own is out of reach | Los Angeles Times
Portland Press Herald USA Opinion May 07, 2023
I appreciate the work of Rep. John “Jack” Ducharme, R-Madison, and the Maine Legislature’s attempt to lower the state income tax burden for retirees as outlined in a recent op-ed through enactment of the Pension Income Deduction. Unfortunately, the Pension Income Deduction... + más
What Are the Duties of A Trustee? | Forbes
‘My elderly relative determined she could no longer care for herself': Are her assisted-living facility costs tax deductible? | MarketWatch
Forbes USA Business December 29, 2022
Don't be surprised if your state or local pension is gambling 10% or more in cryptocurrency. getty In early October of this year—a month before Sam Bankman-Fried’s crypto empire —I warned “If you are a participant in a state or local government-sponsored pension... + más
Blackboxes Within Blackboxes: Cryptocurrency In Your State Pension | Forbes
Fairfax beats rival Westchester in defensive Western League battle | Los Angeles Times
Forbes USA Business December 07, 2022
In the weeks and months to come, you’ll be hearing more about public pension cryptocurrency direct ... [+] and indirect losses. Brace yourselves.getty The $100 billion Ohio Teachers pension fund recently responded to a public record request from a former board member... + más
Ohio Auditor Raises Fears About State Teachers’ Pension But Won’t Tell All Until After His Re-election | Forbes
Forbes USA Business November 29, 2022
No one knows for certain how much blackbox cryptocurrency lurks in blackbox public pensions.getty The recent collapse of the global cryptocurrency markets has exposed many previously hidden dangers related to these blackbox investments. Growing secrecy at our nation’s public... + más
Your State Pension Hates You | Forbes
Lightfoot’s extra pension payments don’t let Springfield off the hook, Civic Federation says | Chicago Sun Times
Chicago Sun Times USA Nation October 05, 2022
Mayor Lori Lightfoot’s $242 million pension prepayment plan will prevent Chicago’s four cash-strapped pension funds from having to “sell assets in a down market” to meet obligations, but Springfield shouldn’t be let off the hook, the Civic Federation president said... + más
Millions more to fight crime and homelessness, help immigrants: Lightfoot makes case for ‘bold’ 2023 budget | Chicago Sun Times
Forbes USA Business September 27, 2022
When pensioners demand records which will reveal how their retirement savings are invested, state ... [+] pensions routinely respond with hostility—as if plan participants were the enemy, versus owners of the assets.getty State laws mandate that pension fiduciaries have a duty... + más
Swiss mull animal welfare, women's pensions in weekend votes | Associated Press
Swiss may back plan to raise retirement age for women | ABC News
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